Bay View Capital Corp., which lost $326 million last year and is reorganizing its front office, on Friday named Matthew L. Carpenter as chief operating officer.
Mr. Carpenter, 41, had been president and chief executive officer of $5.3 billion-asset Bay Views subsidiary Commercial Finance Group. The San Mateo, Calif.-based holding companys principal subsidiary is Bay View Bank, which controls the largest deposit franchise in the San Francisco area. Mr. Carpenter will oversee the holding companys daily operations.
Mr. Carpenters appointment comes nearly a month after Edward H. Sondker, the holding companys president and chief executive officer since August 1995, announced his retirement. He will remain in office until a successor is named.